Canadian Western Bank (CWB) Stock Forecast, Price & News

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Canadian Western Bank in the last twelve months. There are currently 5 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" CWB shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CWB, but not buy additional shares or sell existing shares.
View CWB analyst ratings or view top-rated stocks.

9 analysts have issued 1-year target prices for Canadian Western Bank's shares. Their CWB share price forecasts range from C$25.00 to C$35.00. On average, they anticipate the company's share price to reach C$29.00 in the next year. This suggests a possible upside of 17.5% from the stock's current price.
View analysts price targets for CWB or view top-rated stocks among Wall Street analysts.

Canadian Western Bank's stock was trading at C$24.06 at the beginning of the year. Since then, CWB shares have increased by 2.6% and is now trading at C$24.68.
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The company is scheduled to release its next quarterly earnings announcement on Friday, August 25th 2023.
View our CWB earnings forecast.

Canadian Western Bank (TSE:CWB) posted its quarterly earnings results on Thursday, June, 1st. The company reported $0.59 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.57 by $0.02. The business had revenue of $172.44 million for the quarter, compared to analyst estimates of $169 million. Canadian Western Bank had a net margin of 31.98% and a trailing twelve-month return on equity of 8.96%.

Canadian Western Bank announced a quarterly dividend on Friday, May 26th. Shareholders of record on Thursday, June 8th will be given a dividend of 0.33 per share on Thursday, June 22nd. This represents a $1.32 dividend on an annualized basis and a yield of 5.35%. The ex-dividend date of this dividend is Wednesday, June 7th. This is an increase from the stock's previous quarterly dividend of C$0.32.
Read our dividend analysis for CWB.

Canadian Western Bank (TSE:CWB) pays an annual dividend of C$1.32 per share and currently has a dividend yield of 5.24%. CWB has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 39.88%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for CWB.

Based on aggregate information from My MarketBeat watchlists, some companies that other Canadian Western Bank investors own include Intelsat (I), Bank of Nova Scotia (BNS), Air Canada (AC), Bank of America (BAC), Toronto-Dominion Bank (TD), Bombardier, Inc. Class B (BBD.B), Associated British Foods (ABF), Chaarat Gold (CGH), Fossil Group (FOSL) and AMC Entertainment (AMC).

Canadian Western Bank trades on the Toronto Stock Exchange (TSX) under the ticker symbol "CWB."

Shares of CWB stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
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One share of CWB stock can currently be purchased for approximately C$24.68.

Canadian Western Bank (TSE:CWB) has a market capitalization of C$2.38 billion and generates C$1.06 billion in revenue each year. The company earns C$312.90 million in net income (profit) each year or C$3.31 on an earnings per share basis.

The company employs 2,643 workers across the globe.

Canadian Western Bank's mailing address is 10303 Jasper Ave NW Suite 3000, EDMONTON, AB T5J 3X6, Canada. The official website for the company is www.cwbank.com. The company can be reached via phone at +1-780-4238888.